Gains from Foreign Direct Investment : Macro and Micro Approaches
This paper discusses the importance of an “integrated approach” to the study of the effects of FDI on host countries. Macro-level work that examines countries at different stages of development and institutional capacity is needed to surface the ro...
| Main Author: | |
|---|---|
| Format: | Journal Article |
| Language: | English |
| Published: |
Published by Oxford University Press on behalf of the World Bank
2019
|
| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/292971565606474588/Gains-from-Foreign-Direct-Investment-Macro-and-Micro-Approaches http://hdl.handle.net/10986/32227 |
| id |
okr-10986-32227 |
|---|---|
| recordtype |
oai_dc |
| spelling |
okr-10986-322272021-05-25T10:54:42Z Gains from Foreign Direct Investment : Macro and Micro Approaches Alfaro, Laura FOREIGN DIRECT INVESTMENT MULTINATIONAL CORPORATION KNOWLEDGE SPILLOVER INDUSTRIAL ORGANIZATION CAPITAL FLOWS SPILLOVER PRODUCTIVITY ECONOMIC GROWTH This paper discusses the importance of an “integrated approach” to the study of the effects of FDI on host countries. Macro-level work that examines countries at different stages of development and institutional capacity is needed to surface the role of local conditions and absorptive capacities; micro-level work, that is firm-level data in developed as well as developing nations, to understand the mechanisms that impart substance to the anticipated benefits; and theoretical work to guide the analyses. The paper summarizes likely motives for foreign direct investment and potential effects of FDI on local economies as well as recent findings from the macro literature on the role of complementarities between FDI and local policies, conditions, and institutions and summarizes new efforts to understand the micro mechanisms and channels by which host countries can benefit from multinational activity, within and between firm productivity increases. 2019-08-13T16:15:00Z 2019-08-13T16:15:00Z 2016-03-23 Journal Article http://documents.worldbank.org/curated/en/292971565606474588/Gains-from-Foreign-Direct-Investment-Macro-and-Micro-Approaches World Bank Economic Review http://hdl.handle.net/10986/32227 English CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Published by Oxford University Press on behalf of the World Bank Publications & Research :: Journal Article Publications & Research |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
FOREIGN DIRECT INVESTMENT MULTINATIONAL CORPORATION KNOWLEDGE SPILLOVER INDUSTRIAL ORGANIZATION CAPITAL FLOWS SPILLOVER PRODUCTIVITY ECONOMIC GROWTH |
| spellingShingle |
FOREIGN DIRECT INVESTMENT MULTINATIONAL CORPORATION KNOWLEDGE SPILLOVER INDUSTRIAL ORGANIZATION CAPITAL FLOWS SPILLOVER PRODUCTIVITY ECONOMIC GROWTH Alfaro, Laura Gains from Foreign Direct Investment : Macro and Micro Approaches |
| description |
This paper discusses the importance of
an “integrated approach” to the study of the effects of FDI
on host countries. Macro-level work that examines countries
at different stages of development and institutional
capacity is needed to surface the role of local conditions
and absorptive capacities; micro-level work, that is
firm-level data in developed as well as developing nations,
to understand the mechanisms that impart substance to the
anticipated benefits; and theoretical work to guide the
analyses. The paper summarizes likely motives for foreign
direct investment and potential effects of FDI on local
economies as well as recent findings from the macro
literature on the role of complementarities between FDI and
local policies, conditions, and institutions and summarizes
new efforts to understand the micro mechanisms and channels
by which host countries can benefit from multinational
activity, within and between firm productivity increases. |
| format |
Journal Article |
| author |
Alfaro, Laura |
| author_facet |
Alfaro, Laura |
| author_sort |
Alfaro, Laura |
| title |
Gains from Foreign Direct Investment : Macro and Micro Approaches |
| title_short |
Gains from Foreign Direct Investment : Macro and Micro Approaches |
| title_full |
Gains from Foreign Direct Investment : Macro and Micro Approaches |
| title_fullStr |
Gains from Foreign Direct Investment : Macro and Micro Approaches |
| title_full_unstemmed |
Gains from Foreign Direct Investment : Macro and Micro Approaches |
| title_sort |
gains from foreign direct investment : macro and micro approaches |
| publisher |
Published by Oxford University Press on behalf of the World Bank |
| publishDate |
2019 |
| url |
http://documents.worldbank.org/curated/en/292971565606474588/Gains-from-Foreign-Direct-Investment-Macro-and-Micro-Approaches http://hdl.handle.net/10986/32227 |
| _version_ |
1764476078156414976 |